Emirates NBD Bank (P.J.S.C) · DFM:EMIRATESNBD
Emirates NBD Bank (P.J.S.C) — Emirates NBD Asset Management — Investor Presentation (October 2010)
21 slides from Emirates NBD Bank (P.J.S.C)'s investor presentation, October 2010
Slide 1: Navigating volatile global markets
Emirates NBD Asset Management “Navigating Navigating volatile global markets markets” Philip Rose, Senior Fund Manager Regulated by the Dubai Financial Services Authority October 2010 0 0
Slide 2: Agenda
Agenda 1 Diversified Investing 2 Why Emirates NBD AM funds? 3 Outlook & Fund Positioning 4 Summary 1
Slide 3: Diversified Investing
Diversified Investing “The The only investors who shouldn shouldn'tt diversify are those who are right 100% of the time” - Sir John Templeton 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 29.1 59.9 18.4 74.8 8.1 37.6 35.3 34.8 35.0 66.4 49.7 13.9
Slide 4: Diversified Investing
Diversified Investing Emerging Market Equity Portfolio Multi Asset Portfolio 100% MSCI Emerging Market Equity 45% MSCI World Equity 20% Barclays Global Aggregate (Fixed Income) 15% UK IPD Property 15% HFRI Index (Alternative Strategies) 5% S&P GS Commodity Index NOTE: The Multi Asset Portfolio is re
Slide 5: Diversified Investing
Diversified Investing 300 250 200 MSCI Emerging 150 Market Equity 100 Multi Asset P tf li Portfolio 50 0 Greatest Portfolio Total Annualised Annualised Information Loss (May 08 to Feb Return Return Volatility Ratio 09) Multi Asset Portfolio 121.2% 5.4% 8.4% -29.8% 0.64 Emerging Market 94.7% 4.5% 25.
Slide 6: Agenda
Agenda 1 Diversified Investing 2 Why Emirates NBD AM funds? 3 Outlook & Fund Positioning 4 Summary 5
Slide 7: Emirates Global Multi Asset Funds
Why Emirates NBD AM funds? Emirates Global Multi Asset Funds Fixed Real Alternative Equities Commodities Cash Income Estate Strategies Globally invested in 3 risk profiled portfolios – Conservative, Balanced & Active 6
Slide 8: Why Emirates NBD AM funds?
Why Emirates NBD AM funds? (| Emirates NBD | 100% ————> — | _ — won = | | = Commodities 60% | eet = Real Estate = Alternative 40% | ——— Strategies = Fixed Income 20% ~—— ; = Equities 0% - Pr BS < ) Conservative Balanced
Slide 9: 2009 fund performance vs benchmark
Why Emirates NBD AM funds? 2009 Fund (net) Benchmark Emirates Conservative Managed 12.1% 6.7% Emirates Balanced Managed 18.9% 10.5% Emirates Active Managed 21.3% 14.0% 8
Slide 10: 2010 to end August fund performance
Why Emirates NBD AM funds? 2010 – to end August Fund (net) Benchmark Emirates Conservative Managed 0.1% 1.3% Emirates Balanced Managed -0.5% -1.9% Emirates Active Managed -2.0% -4.6% 9
Slide 11: Why Emirates NBD funds?
Why Emirates NBD funds? Our Advantages Better diversification = better risk adjusted returns Better range of risk profiled funds & selecting from “best of breed” Very strong fund performance “A” fund ratings from S&P Local provider – with comprehensive service offering 10
Slide 12: Agenda
Agenda 1 Diversified Investing 2 Why Emirates NBD AM funds? 3 Outlook & Fund Positioning 4 Summary 11
Slide 13: Outlook & fund positioning
Outlook & fund positioning UK $280b Russia Ger $90b US F $130b Fr China$ $3.8t $60b 586b Japan $150b India Brazil $6b $8.6b S Austrl Africa $27b $7b 2009 was turbocharged by massive Government stimulus packages. 12
Slide 14: Outlook & fund positioning
Outlook & fund positioning US Quarterly GDP Growth % BUT in 2010…. 12 8 US economic data is turning down as 4 stimulus ti l fades f d in i home h sales, l 0 -4 employment, consumer sentiment -8 and GDP growth. Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 2000 Q 2000 Q 2001 Q 2001 Q
Slide 15: Tactical Asset Allocation
Outlook & fund positioning Tactical Asset Allocation Global Equities Underweight Fi d Income Fixed I Neutral Real Estate Overweight Alternative Strategies Overweight Commodities Neutral Cash Neutral 14
Slide 16: Fund Manager Selection
Outlook & fund positioning Fund Manager Selection SALES PURCHASES GAM Star Japan Equity GLG Core Alpha Japan Equity Schroder Intl Strategic Bond iShares Treasury 7-10 Year ETF ING Senior Loans AXA US Short Duration High Yield Bond BNY Mellon Evolution Currency Option ProShares UltraShort Yen ETF VIX
Slide 17: Agenda
Agenda 1 Diversified Investing 2 Why Emirates NBD AM funds? 3 Outlook & Fund Positioning 4 Summary 16
Slide 18: Summary
Summary • Better diversification improves risk adjusted performance. • A range of risk profiled globally invested solutions across multiple asset classes – using best of breed fund managers. managers • Award winning and experienced investment team with “A” fund ratings from S&P. • Comprehensive loca
Slide 19: Appendix: Investment Team
APPENDIX 1 Investment Team 18
Slide 20: Investment Team
Investment Team • BSc (Hons) Computer Science, MBA, Associate of the CFA Institute, Fellow of the Chartered Institute of Securities & Investment. Sean Daykin • UK national with 20 years investment experience gained in the UK, Kuwait, UAE and US. Head of GMAT • US equities portfolio manager/analyst f
Slide 21: General Disclaimer
General Disclaimer The information and opinions expressed herein are made in good faith and are based on sources believed to be reliable but no representation or warranty, express or implied, is made as to their accuracy, completeness or correctness. These opinions are not intended to serve as autho
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